Property Details
Affordable Homeownership Opportunity Through Trust Montana’s Co Purchase Program Offering Up To $90k In HUD Funded Down Payment Assistance For Income Qualified Buyers. Household Income Must Be At Or Below 80% Of Area Median Income For Yellowstone County. FHA First Time Homebuyer Def. & Mortgage Requirements Apply. This Reduces Home Purchase Prices To Approximately $175k–$190k (based On Household Income & Need). Buyer Purchases The Townhome & Leases The Land For $50/month On A Long Term, Renewable Ground Lease W/ Resale Price Restrictions To Preserve Affordability. This Program Supports True Homeownership W/ Equity Building Potential While Lowering Upfront Costs. Assistance Is Awarded Based On Need, W/ Up To Four Buyers Selected Through A Random Drawing Following A Completed Application. Purchase Price Is Firm, No Higher Offers Accepted. Contact For More Information & Link To Application.